SUMMARY BANK NORMS

Scheduled banks : Required to deposit CRR money to RBI’s office/vault PSL norms depend on no of branches
08 April 2022 11:15
Eligible to borrow/deposit funds in RBI window in case of FOREIGN BANKS
Non scheduled banks : Can maintain the CRR money with themselves in their
own office/vault. Supervisory Action Framework for
Depends on RBI discretion Urban Co-operative Banks

MANDATED PUBLIC PAYMENT SFB RRB LAB COOP NBFC -D NBFC -ND MISC INFO
UNDER PVT BANK ( Based on ( Based on ( deposit ) (non deposit) ALL INDIA
BANKS Area M.Narasimham’ Budget- FINANCIAL
No NRI based s Committee on 1996 by Can't issue chequebook, Can't issue INSTITUTION
deposits, locatio Financial Finance debit/credit chequebook,
fixed dep, n Inclusion in Minister Accept only time deposits debit/credit EXIM,
recurring 75% 1970s) Manmohan no demand deposits Accept only NABARD,NHB,
dep PSL Singh) time deposits SIDBI
no demand BASEL norm
Accept max deposits applicable
limit 2 lakhs
demand
draft

Can't give
loans, so no
credit
cards,no PSL

Can convert
into SFB
after 5 yrs
CRR RBI ACT YES YES YES YES YES YES NO NO • RBI DOES'NT
1934 ( RBI COULD (every norm pay interest
PRESCRIBE with caveats Req to keep a portion of Except in
separate norms) or their deposits (time extra
conditions) RBI could deposits) in form of govt ordinary
keep sec cases
different • Bank earns
slabs and no profit
norms • No max min
limit

SLR BANKING YES YES YES YES YES YES YES NO • PROFIT may
REG ACT Special ( RBI COULD (every norm RBI could RBI can prescribe different involved
1949 terms and PRESCRIBE with caveats keep slabs / formulas • Max and min
condition on separate norms) or different limit
SLR conditions) slabs and • Bank can
norms pledge sec
from SLR
quota ( MSF)
• Collateral
NOT from SLR
(REPO RATE)
• Bank can't
pledge their
SLR quota for
borrowing

BASEL III YES YES YES YES YES YES YES YES
Systematically
Also on RBI could Important with
AIFI (EXIM, keep assets over ₹
NABARD, NHB, different 500 crores
SIDBI) slabs and Eg L&T
norms
Indian
Accounting
Standards
(IndAS) is not
part of BASEL
norm
PCA YES Separately By By RBI
NABARD The PCA Framework for
NBFCs, comes into effect
from October 1, 2022,
based on the financial
position of NBFCs on or
after March 31, 2022.

SCHEDULED OR CAN BE CAN BE CAN CAN BE NOT UCB CAN NOT NOT
NOT BE

After 5
yrs can
becom
e UCB
Univer
sal

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 sal
comm
bank

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